The Malta Chamber of SMEs welcomes MCESD Chairperson David Xuereb to its offices
01 February 2024
Malta Chamber of SMEs President Mr Paul Abela and Deputy President Mr Philip Fenech welcomed...
These are funds of paramount importance for Malta to
further its national ambitions and meet our national 2020 targets. Today the
Maltese economy operates under specific economic and social and environmental
planning mechanisms spread over a number of years and within precise planning
and surveillance structures within the framework of European Union systems. In
addition to locally generated funds as a result of Malta's own earning
capacities as guided by national Maltese own fiscal structures and
capabilities, Malta's development and cohesion targets cannot be achieved
successfully in the absence of heavy European Union funding. European Union
Heads of Governments were under great pressure to provide a reduced total EU
multi- annual budget and after Malta surpassed successfully its objective one
threshold it became increasingly difficult for Malta to continue to sustain its
claim for increased funding so essential for our further national advancement.
It is in this framework that the Prime Minister`s success is so impressive.
Malta's membership of the European Union had proved
extremely successful and these additional funds will continue to strengthen
Malta's linkages with the large European Single Market and enhance the great
possibilities for Maltese Enterprise to reach out to a larger market and
provide for more diversified investment possibilities for Maltese
entrepreneurs. These funds will be financing major projects that will ensure
that Malta's economic infrastructure will continue to grow and modernise with
increased investments that lead to the utilisation of higher technologies that
provide for growth in enterprise and the creation of new jobs. Sustainable
economic and social advancement and cohesion within a more functional and
protected environment is much more achievable as a result of these important
additional and substantial funds. That is why for Maltese business owners this
success is so remarkable and commendable.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).